Advanced Long-Term Actuarial Mathematics

Prerequisites: MET AT 531 or consent of instructor. What happens when your pristine mathematical assumptions collide with a messy reality? It’s time to upgrade your long-term financial models. You’ll explore the critical concept of insurance reserves, learning how they are calculated and how they react when real-world results miss the mark. Expand your expertise by mastering multiple life and decrement models and Multiple State/Markov Chains. By learning to model complex, long-term realities, you’ll elevate your professional practice. Mastering this material helps you prepare for SoA Exam ALTAM.